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exercise with the u.s. navy. the drills are being conducted off of south korea's east coast. we have more from seoul. it is an exercise that has been months in the planning. -- >> it is an exercise that has been months in the planning. a third nuclear test could lead the us and south korea to plan for a preemptive strike against the north in the future to prevent a nuclear missile launch. >> the us will have a nuclear submarine around the korean coast. the nuclear power can be deployed to korea. if the us and korea want, they will pre-empt, attack preemptively any time. >> they released footage of the president being briefed by security staff. >> north korea should pay the price for its provocation. we will recommend sanctions with practical effect. >> what was interesting was the wording, an explicit promise to carry out direct actions against north korea as part of the sanctions, a little more than a week after north korea said it would take strong, physical countermeasures against the south if it did so. it is very publicly responding to that challenge. from beijing, north korea's trad
exhaust gases. it appears similar to one used in iran indicating possible assistance from tehran. researchers estimate construction could be completed in 2016. they say it would enable north korea to launch rockets three to four times larger than previous versions. >>> north korean officials used the site to launch long range ballistic missiles in 2006 and 2009. >>> tens of thousands of north koreans have gathered together for a show of solidarity. scientists carried out an underground nuclear test earlier this week at the site in northeast. people marked the achievement at a rally in the capital. military officers and civilians gathered in a square in pyongyang. they listened to speeches from dig ani they listened to speeches from dig antarie dignitaries. north korean leader kim jong-un did not attend. the party secretary said that the test was a self-defense measure against u.s. hostility. he said if u.s. officials continue to increase pressure north koreans will respond with high level counter measures. another official threat is capable of attacking military basis on the u.s.
. south korean defense officials say air force troops from the two countries are conducting a drill using f-16 fighter jets. the pilots are preparing for possible aerial combat and air raids on north korea. south korean navy commanders say they are holding ameritime mobility exercise involving 20 naval ships. army officers say they are also planning to conduct a shelling drill this week. defense officials in seoul have somehowed off a key part of their military's fire power. they released video of the newly-deployed cruise missile. the 50-second clip shows the weapons hit targets after being fired from a destroyer and a submarine. >> translator: the military is releasing the footage to ease public anxiety by showing south korea is fully equipped to deal with the north korea's nuclear missile threats. >> reporter: the general said the missiles could hit targets in north korea, even small ones. the weapons could strike the country quickly if launched by submarines near the coast. while the military stays on alert, members of the national assembly are showing political resolve. they adopted
council resolution. >> reporter: the u.s. ambassador to the u.n., susan rice, echoed the strong criticism. >> the actions of north korea are a threat to regional peace and security, international peace and security, and they are not acceptable. they will not be tolerated. and they will be met with north korea's increasing isolation and pressure under united nations sanctions. >> reporter: the security council was quick to condemn the test. it also responded quickly in december when north korea successfully launched a long-range missile. the test could bring north korea closer to developing a nuclear warhead that is small enough to be mounted on a missile. critics point out that the security council members feel that the threat of north korea's program is becoming more rea than ever before. >> so miki, what's next? will the security council adopt tougher sanctions against north korea? >> reporter: well, the u.s., along with south korea, australia, and european members are all for tougher sanctions. these may include tightening the noose on north korea's financial institutions and weapons t
joins us again this morning. steve, we actually finally start the meetings today. we've had comments out from the russian finance minister, as well. what's he saying? >> well, he's trying to get us back on track on to a growth agenda, which when you look back at what the agenda was a couple of meetings ago back in toronto in 2010, that was sorely missing. that was about harboring deficits and having firm targets. it hasn't really worked, has it? what they've said is our growth estimates were slightly optimistic. listening to what some of the policymakers are saying this time around, the likes of mario draghi, i'm scratching my head a little bit. there's some uncontentious stuff. i can live with that. range of financial market indicators showing situation normalizing. but what about this bit? currency chatter is inappropriate, fruitless and self-defeating. hang on a second, mr. draghi. it wasn't us, the journalists that started this. it was policymakers. it was the g- 7. it's incestble we're going to start rumbling about this. i can't help but thinking mr. draghi is missing the point here
>>> they want to snow why another crew locked onto a helicopter. japanese and u.s. officials are urging the chinese to ensure such accidents don't happen again. a chinese navy aimed at a helicopter in mid-january. japa controls the islands. china and taiwan claim them. >> translator: it's extremely regrettable that such a unilateral provocative action has been taken. we will strongly urge the chinese to exercise restraint and not make the situation any worse. >> a spokesperson said she learned about the incident through the media. japanese government officials say the chinese are trying to give the impression they're not behind the incidents. >>> the u.s. defense secretary says it could have had grave consequences. l leon panetta says it could inflame intentions. >> they have to be part of family of nations in that region working gether. >> panetta said the united states, south korea and japan will do everything possible to ensure their territories are secu secure. he called on china to avoid antagonizing other nations. the former secretary of state said u.s. officials oppose
, this was very important for us to stay in positive risk environment. >> hans, we're seeing the response to the upside now. second highs, 1.32. are you sticking by your thoughts that it is still heading towards 1.30? >> we have to make it clear that in the next quarter or two the euro has upside potential and not downside potential. then the longer prospect for the euro is still very swb very negative. why is this euro overshoot taking place? it has a lot to do with the increasing negative correlation with the yen. so the euro is the anti-yen. that implies that when we were seeing the yen coming under selling pressure, japanese investors, where are they currently investing? investors are investing in fixed income. in many cases, very little yields left so that actually means the peripheral of europe sticks out. you need to have some preconditions. the most important, the yen has to stay weak, but secondly we should not run into any politically motivated problem with the euro. that would be a killer for that type of trade. >> and on that note, the european commission today is due to relea
is cleared for takeoff. reports say the boards at amr and us airways sign off on their $11 billion deal to create the world's biggest airline. >> announcer: you're watching "worldwide exchange," bringing you business news from around the world. >> all right. you're wearing an appropriate valentine's day shirt. >> i am. i tried. there's a little bit of pink if we look at your tie very closely. if you want to know what's happening in the markets today, hold on, ubs, the valentine's day gdp's massacre. >> yes. >> because if you look at when it's japan shrinking at an annualized rate, germany coming in on quarter on quarter, france coming in -- well, we know they had a recession earlier in the year, as well. minus 0.9% on the quarter been minus 2.7 on the year. >> oh, that's brutal. >> it's the sixth consecutive contraction and that match tess recession of 1992 to 1993. the minus 0.9, it was forecast at minus 0.6 is the slash gdp. >> and italy has been down 2.7% on the year, but this is something in the range of almost a 4% annualized drop until the year from a year earlier. >> the massacre
of 87 of 75 against the euro, as well. darren maher joins us. there's been quite a big move already in sterling before this announcement, one wonders actually whether the ratings downgrade, now it's on a stable outlook, is perhaps the end of the weakness in sterling. >> i suspect not, to be honest. we can talk about it being a move and certainly over the last couple of years, there has been a big shift in cable. frankly, this has been a relatively small move. we can't say as of yet it's overshoot. i don't think the market will take great solace that we're now in a stable outlook from moody's because i think everybody recognizes the uk is still fragile and the growth position is more fragile, so i think more down side is possible. >> but what is in the price, darren? >> i think from this point forward is how much slippage do we get. i would say it's more what's in the price and what's in the price for sterling is the market has given the uk a lot of good will that it will be able to mix this wonderful growth of austerity. i think what the market is now doing is reappraising that. tha
the tax code which everybody wants us to do. but also we have used a small percentage of that money to reduce the deficit. so it doesn't place too much burden on the operating structure of the country. >> so who is the one person in the white house and one person and the republican leadership who is most committed to making the tough choice because i think the one person in the white house is most authentically -- authentically committed to making is the president. i've met with him several times. i believe that he's willing to make these cuts in the entitlement programs that we have to make. that doesn't mean i don't want to continue to push them outside of his comfort zone to go a little further than you might want to go otherwise, but i think we're going to have to if we get a deal with republicans but again we'll have to push the republicans in order to do the tax reform, allows us to reduce the deficit in the same manner. >> how do you push a president? >> you know, the way i've done it is always candidly, open with him, not agree but tell them exactly what you think and why. t
. following the consequences of the drought last year, the president directed us to create a drought task force, made up of all federal agencies, to try to mitigate the impacts and effects of drought. that led us to begin thinking at usda about steps we can take to help producers during a difficult time. we took a series of steps to try to mitigate the consequences. we opened up crp land, and changed premium payments, things of that nation -- that nature. it also got us thinking -- were there other steps, other things we should be doing, to provide help and assistance? it occurred to us perhaps we should be focused more acutely on the need to encourage multi- cropping through the united states, in order for us to do a better job of conservation, to create biomass that could be a revenue source, and to potentially allow us to conserve precious water resources, which would in turn allow us to get through these drought circumstances in a more favorable circumstance. we have begun a process of looking at ways in which we could provide assistance. you will be fortunate to hear from a fellow by
>>> long road ahead. authorities in the u.s. investigate the dreamliner and find its batteries could keep it on the ground for sometime to come. u.s. transportation investigators cast doubt on a quick fix for the problems facing the dreamliner. they say regulators need to rethink their approval of batteries used in the boeing 787. a number of agencies are looking in to a string of safety incidents. deborah hershman chairs. she said a lithium ion battery sparked a fire a month ago on a japan airlines yet in boston. >> this investigation has demonstrated that a short circuit in a single cell can propagate to adjacent cells and result in smoke and fire. >> engineers packaged eight cells together in designing the battery system for the dreamliner. hersman said they did not place them far enough apart so trouble in one of them could affect the others. she said investigators have not determined why the batteries short circuited. another battery fire forced the pilot of a dreamline tore make an emergency last month in western japan. u.s. authorities grounded all 787s. officials at boe
from her later in the show. >>> and taking the positive u.s. housing numbers from the nhab numbers. we'll be in new york with analysis at 11:45 cet. >> the italian election race is heating up. there is less than a week before voters head to the polls. comedian turns politician beppe grillo, in fact, is owes closing in on sylvia berlusconi for second place. official polls can no longer be published. the private polls seen by reuter s suggest mario monti may, in fact b with be something of a spoiler. >> and the election largely coming down to five key candidates. the front-runner is bersani. he's the leader of the center left pd party, calling for growth measures alongside monte's plan. sylvia berlusconi is threatening to make a political comeback despite corruption scandals. we've mentioned the comedian beppe grillo. at the same time, the former caretaker mario monti, he's been struggling to gain ground in his first ever political campaign. and then last, not necessarily least, there's the civil revolution leader and former public prosecutor antonio ingrola. >> only in italian politics.
amanpour joins us from rome. this report was in "the observer," the newspaper, saying one man was a 20-year-old seminarien, cardinal was a spiritual director and inappropriate approaches were made after night prayers. what do you know about the case and what cardinal o'brien is saying? >> reporter: well, look, we know according to published reports there's this case and three other cases. a total of four cases now coming out and accusing cardinal o'brien of inappropriate sexual misconduct. he himself is said to have taken up, obviously, legal counsel. he has, as we've said, resigned but he was resigning months ago. it's just that today pope benedict accepted that resignation. he didn't have to accept it today. it could have been further delayed but he did accept the resignation. and now we've also know, because of statements cardinal o'brien has posted, he will not come here to rome and take part in the election of the next pope in the conclave. he said that he would want the spotlight not to be on him but on the pope. but what is clear, suzanne and michael, is that, look, the sun is settin
is being remembered right now. more on that later. gregg, thank you for being with us today. >> my pleasure. martha: we'll see you back here tomorrow and "happening now" starts right now. jenna: right now we have brand new stories and breaking news. >> the little boy at the center of the hostage drama, tense negotiations to get him free and the high-tech surveillance equipment now helping investigators. >>> also the troop drawdown in afghanistan. new reaction from inside that country. what the afghan people fear might happen when u.s. forces leave. >>> plus, lights out at the super bowl. did you catch this? a power outage putting the big game on hold for more than a half an hour. what was the behind the blackout? jenna: let's not jinx anything. we need our lights. jon: we do. it is all "happening now." jon: first up today, that terrifying hostage situation in alabama now in its 7th day. good morning to you. i'm jon scott. jenna: what a story. good morning everybody, i'm jenna lee. drones are now flying over that underground bunker where police say jimmy lee dykes is holding a 5-year-old boy
reaction from inside that country. what the afghan people fear might happen when u.s. forces leave. >>> plus, lights out at the super bowl. did you catch this? a power outage putting the big game on hold for more than a half an hour. what was the behind the blackout? jenna: let's not jinx anything. we need our lights. jon: we do. it is all "happening now." jon: first up today, that terrifying hostage situation in alabama now in its 7th day. good morning to you. i'm jon scott. jenna: what a story. good morning everybody, i'm jenna lee. drones are now flying over that underground bunker where police say jimmy lee dykes is holding a 5-year-old boy hostage. the boy has asperger's syndrome and is said to be as comfortable as possible. it all began when the suspect allegedly boarded a school bus, demanding hostages. police say he shot the driver when the driver tried to intervene. that driver, charles poland, was laid to rest this weekend. investigators say besides careful negotiations, dykes is showing very few signs that he is willing to end the standoff. elizabeth prann is live in mid
minister here. this is an exciting time for us. we know of his leadership through the years and we are really delighted to have him here. we are excited that he can be with us today. i would especially like to say words of thanks for our colleagues. we are delighted to have you here, a senior advisor to the prime minister is here. the deputy chief and cabinet secretary. the ambassador is here, one of my bosses. i have to recognize him. a great service for america and japan, we are delighted to have you here. and the governor from alaska, he is our closest state to japan and has the keenest interest in japan. it is wonderful to have you here, governor. there is a new word in washington, the new economics that prime minister abe is bringing to japan. we have to get ourselves started again and i think that is exactly what he is doing in japan. i would like to take a second, talk about the foreign-policy agenda. japan's foreign policy going forward to protect freedom of thought, expression, and speech in the asia-pacific. can you think of anything more important than that? this will he
that. but in any event, it's the group using the one and half million cell phones but it's the group watching the south korean soap operas but it's the group that is becoming the information consumers of north korea who are desperate for more information or salivating, the chairman of google was visiting because they are thinking that the opportunities for their closed system internet. and then there's all the north koreans a sickly, the rest of north korea, most of north korea, where just puncturing the bubble of censure, of censorship that exist in north korea with what north korea really spends on defense, what it spends on its missile programs. i've always equated it to the lesson of development including the local aid budget upon the village schoolhouse door so villagers would know if the village elders were stealing the money. that was intended for the schoolhouse. i think we can through basic information in this age that more and more north koreans know about the human rights record. north korean database that's now a permanent growing database now, five, six years running bec
markets, as well. this is where we stand in the u.s. spanish yields higher, 5.31%. interestingly enough, we look ahead to mr. person unanimousky to give treasuries. gilt yield 2.018% is where we stand at the moment. giving support because of the risk off caused by those italian elections. euro/dollar, that's been down to 1.3039. that's the seven-week low, january 10th we hit that. dollar/yen, what a wild day yesterday for dollar/yep. we hit a 33-month high for dollar against the yen, 94.77. then we fell down to 90.85 at the moment. 91.94. aussie/dollar still weak. sterling/dollar, we're spinninged in at this low, 1.5166. selling has bounced back as you might expect against the euro. the italian election yesterday caused gold to spike up to around 1600. just below it at the moment at 1598. brent continues to weaken below 114 and nymex a little weaker at 92.32. that's where we stand in reaction to the after markets here to the italian elections. let's get more reaction on the asian markets with sixuan. >> thank you, ross. asian markets fell sd as the political stalemate in italy was felt
entities use? >> there is no reason why they shouldn't be treated just a couple of reasons why. if you buy locally now, you probably pay five times what we would pay with an order of three or 4 million units of whatever. so, i think yeah, we will have failed if we don't build this cheaper than you could build it. >> finally, as we are building this, they're still will be the extensive expenses the states and governments have to come up with the dollars for to be able to build out their own interoperable communications with their first responders. so i hope that there is some accommodation and if we are going to control this, our spectrum within the low point in the states i hope he will also give us the capacity to possibly work out the leases that give us the of devotee and also to raise some dollars until local level so that we can buy and invest. >> the question is for the individual negotiating with at&t or sprint or verizon or could we cut a better deal nationwide? whichever way it goes, you want those savings back into the pricing structure. >> which then goes back to the governor me
had told the u.s. government about the test beforehand. and even china, north korea's sole ally, has urged pyongyang to stop before it makes matters worse. >> tensions are high in south korea. protesters denounced north korea's nuclear tests. north korean state media claim the country had exploded a more powerful bomb than it had been able to build a earlier. diplomats at the united nations security council emergency meeting also expressed alarm. >> countries around the world, including every member of this security council, agreed that this test was an extremely regrettable act that further undermines international peace and security. >> many countries will likely impose new sanctions against north korea, but observers say that china has the most leverage. >> for china, it will depend on showing that north korea has gone too far this time and it will not go without consequences for the north korean-chinese relationship. i expect that china will also decide on painful sanctions for north korea. >> china is north korea's protector, but p'yongyang carried out the nuclear test not far f
-reformed over the last two years, but especially last year and u.s. senator lieberman, senator collins and senator brown has supposed reform bill. a lot of people said you couldn't do that come us to thank you for your hard work. been assuming that mr. donahoe, you would agree if the house had taken that the senate bill were passed a bill similar to that and got to the present economy would not have recently made this amount on the saturday delivery that the bill the senate has had provisions in the two make sure this wouldn't happen for a couple years. do you agree with? >> would need to move as quickly as we can canonically changing delivery schedules. sometimes people think that's not a lot money, but to us it's a substantial amount. we need to move on package delivery and not so are proposing. >> i don't want to bring up a touchy subject, but let me go ahead and do it. and that is your legal authority for ending saturday delivery. i know that in the appropriation bills over the years we've put provisions in the appropriations bill that basically say you have to deliver on saturdays
will be talking about it on tuesday. the numbers -- you can also send us an e-mail, join us at corridor.com -- twitter.com/cspanwj. great expectations, immigration is one of the issues on the president's agenda. he may get much of what he wants in part because a bipartisan support on the issue of immigration. he will look for ways to declare victory on guns and climate change. the focus on the economy, that is one headline we are getting. the front page of the washington post -- the reporting of scott wilson, the chief white house reporter for the washington post. chris van hollen is our guest on c-span's newsmakers program. he is a leading democrat in the house of representatives. >> the president will be delivering his state of the union address this week. i think he will address those questions. we are so caught up in dealing with these short-term, self- imposed crises that is undermining our ability to come up with a long-term comprehensive planned. there are philosophical differences. our republican colleagues do not believe that there is any role for the government beyond providin
korea says a miniaturize ed nuclear missile was tested. the u.s. ambassador to south korea responding to all of this. >> it's a very provocative act that undermines regional peace and stability and i think it would be critical for us to coordinate very closely with you and our colleagues in south korea going forward. >> we're going to talk more about washington's reaction and what this all means for geouncertainty and our guest hosts for this hour, jared bernstein who works as the chief economist for joe biden. tony is joining us and capital alpha markets managing director chuck gabriel. they're also going to talk state of the union. john harwood sat down with dave axlerod yesterday. he will join us. later we're going to be joined by valley jarrett, denny hoyer and jeb hensarling. and our corporate newsmaker of the morning, mutar kent, the coca-cola chairman and ceo set to talk earnings and outlook, that's all coming at 8:00 a.m. eastern. but first, michelle has this morning's headlines. michelle. >> yeah. the national transportation safety board investigating whether tiny fibers insi
street or for the u.s. a main street brand. but they have this great digital fashion thing going on. it's a gimmicky partnership with google. you see these reports about google getting the lines between fashion and retail and tech are all blurring. >> they are, indeed. so on today's show, there's a -- here is another taster. in china, it's the first trading day market in the new year of the snake. so will it be new year old problems? up next from hong kong, we'll have the latest analysis. >> did you just slither? also, the final week of campaigning in italy ahead of the general elections. we will be live in milan throughout the morning for a roundup of the candidates policies and pit falls. julia will join us for that. >>> and hear state from the finance ministers. we have a roundup of the g-20 meeting in moscow. >> and london fashion week is under way and international expansion seems to be the latest trend. we'll hear from top designers who are putting their foot forward on the global runway. >>> first, standard & poors says it wants more time to gauge shinzo abe's rating policies. s&
gomez tweeted us, it's not that important to me as long as you love each other. love has no boundaries. >> sleepy 177 tweeted it is crucial we have the same political views. if not we would have different ways of thinking and it would never work. thank you to everyone who responded. we have seen high-profile couples where the one feels the one way and the other feels the other. and they have a great relationship. >> they dated for three months and still together after 45 years. >> that's a good valentine's day story. >> happy valentine's day to you and your family. "fox & friends" starts right now. >>gretchen: good morning. it's thursday, february 14. happy valentine's day if you're celebrating that today. i'm gretchen carlson. thanks for sharing your time. let's start with a fox news alert. olympic hero under arrest charged with murder after his girlfriend was shot in the head. was it a valentine's day surprise gone wrong? details ahead. >>steve: president obama painted a pretty picture of our economy in his state of the union a couple of nights ago. but was he telling the truth? >> w
's biggest airline a reality. a date to merge american airlines and u.s. airways was approved. the new company will still be called american airways but will be run by u.s. airways management. the new american will have more than 900 planes, 3,200 flights a day and # 5,000 employees -- and 95,000 employees. what does this mean for passengers? can you say higher prices for everyone? stick around because lauren simonetti from the fox business network will be here with all the brand-new details. >>> they came face-to-face with chris dorner, the ex-cop accused of murdering four people. for the first time we're hearing from the couples he held hostage at gunpoint. karen and jim reynolds entered their cabin surprising dorner who was hiding out there. >> he came in. he had extension cords tied them around over our heads [inaudible] >> and i thought this is the end. >>gretchen: dorner left with their vehicles but the reynolds called 9 # -- 911 dorner was killed in another cabin. >> while 4,000 people are stranded at sea on a carnival cruise ship, here is the company c.e.o. at a miami heat game
-run tv in september 2010. they say it shows the blueprint of the tunnel used in the second nuclear test at north korea's test site in 2009. the photo shows the tunnel stretching horizontally from its entrance on the left of the screen. it then goes into a spiral and a nuclear device is believed to be housed at the end. the tunnel appears to have nine gates designed to seal in gas. south korean defense ministry representatives say radioactive material leaked during the north's first nuclear test in 2006, they believe that may have prompted officials in pyongyang to dig be a tunnel shaped like a fish hook for 2009. they suggest north korean authorities will use a similar design if they follow through with their threat to conduct a third test. >>> asian governments are working hard to try to stop that from happening and they're hoping china can do something because it's north korea's ally. diplomats agreed they will continue to press authorities in pyongyang to hold off. leaders met. lim says they must be relentless in pursuing this. south korean and chinese officials will stay in closer c
and innovation, the highest honors bestowed by the u.s. government upon scientists, engineers, and inventors. you will have it for you later in our program schedule. at the white house, jay carney held his daily briefing, addressing a number of issues including a bombing at the u.s. embassy in turkey today. >> does the president considered the attack on our embassy in turkey to be a terrorist attack? >> that is an excellent question a suicide bombing on the perimeter of an embassy is by definition an act of terror, a terrorist attack. i think this is an incident that has just occurred and i don't want to get ahead of it, is being investigated. we strongly condemn what was a suicide attack against our embassy in ankara, which took place at the embassy's our security perimeter. details are still emerging about what exactly happened, who was responsible. it is clearly an act of terror. it caused -- cost hte life about least one individual, a turkish security guard. we are working with the turkish authorities to investigate the incident and bring the perpetrators to justice. our thoughts and prayers
. >> many thanks. keep us updated. that live report from pretoria outside the courthouse where oscar pistorius will appear shortly. now to the rest of news. israel has confirmed for the first time it's simple in prison and australian-is really national under a false name after reporting the restrictions on the so-called prisoner x were lifted. the man later died in custody. now this report. parks israel has broken its silence on the case of the mysterious prisoner x, a man who purportedly had died in this prison. the government has confirmed it jailed a man with dual nationality under a false name. its statement says " a prisoner was an israeli citizen and also had foreign citizenship was jailed for security reasons. prisoner was held under a pseudonym, but his family was notified of the arrest immediately." >> it goes on to say the prisoners' rights were observed at all times but that he was found dead in his cell two years ago. australian tv says this is the man held prisoner. he reportedly held israeli and australian citizenship and used three different names. ben zygier, ben alle
. >> reporter: park used the phrase trust building to express her policy on north korea. she insists that process can happen through dialogue and honoring promises that have been made already. >> translator: north korea's recent nuclear test is a challenge to the survival and future of the korean people. and there should be no mistake that the biggest victim will be none other than north korea itself. it is my sincere hope that north korea can progress together as a responsible member of the international community instead of wasting its resources on nuclear and missile development and continuing to turn its back to the world in self-imposed isolation. >> reporter: park recognized that tension and conflict exists in asia. the president didn't specifically mention the friction her country has experienced with japan such as a territorial dispute. but she did say she would work to strengthen trust with japan along with other nations such as the united states, china and russia. about 70,000 people gathered to attend park's inauguration. many of them want her to address the growing income
the republican governor, snyder, has about 30 days to decide what? >> okay, you used the expression detroit financially ruined. it is already financially ruined. bill to answer your question directly, seems like there are two options here, a bailout from the state or the feds. that means more money flowing into detroit from outside, or, bankruptcy. where a judge would decide who gets what. let me fill in the blanks here. detroit can not manage itself. it can not meet its current bills. it can't meet its payroll. it is literally weeks away totally running out of money. as you said it has $14 billion worth of debt it has not got a prayer of repaying. the governor of michigan has got 30 days to appoint a emergency financial manager that manager would take all the financial decisions for the city of detroit. what could that manager do? he could look for a bailout, money from michigan or washington, d.c. that would be essentially a bailout of sorts. or, could take the bankruptcy option. that would send a shiver down the spine of the unions because a judge would decide, do the unions get the pens
about. martha: nobody will ever forget that kiss. it is one of the most famous, iconic images in u.s. history. it is coming to the california coast in time for valentine's day. it is 25 foot statue that recreates the world war ii photo of the kissing sailor in times square. it is getting a permanent on the san diego waterfront. the statue is coming from trenton, new jersey, where else would it come from and will be commemorated on saturday. bill: thank you, new jersey. we talk a lot about the year of the snake. martha: you're into that. bill: i have feelings about it and you do not. what about your feelings about lightning striking the vatican on the day the pope resigns for first time in 600 years? martha: has larger meaning. call me crazy. i think nothing happens by accident. that is a striking image, isn't it? it is a striking image and it could be a powerful image. "happening now" starts right now. bill and i will be back here tomorrow. >> brand new stories and breaking news. jon: north korea's nuclear move. a bomb test puts its one step closer to attaching a nuke to a missile ai
to a missile aimed at u.s. mainland. reaction from the white house and around the world. the president is gearing up for his fourth state of the union address. what's in it? plus the republican's response from the parity's rising star. will he knock it out of the park? >>> new developments in the massive manhunt for the ex-cop wanted for murder. why police think he could have had help escaping and where chris dorner might have gone. it is all "happening now" jon: fallout from north north korea's test. arthel: i'm arthel neville in for jenna lee. after the north announced it successfully detonate ad nuclear bomb with quote, great explosive power, reportedly packing significantly more punch than the device did they tested just four years ago. our intel saying that the blast was six to seven kilotons. the north is warning there will be more to come. inside north korea, people cheered as the news first broke. the nuclear test seen as a critical step toward north korea's goal of building a bomb that could fit on a missile, a missile aimed right at the united states. president obama reacting
known, angela merkel, julia gillard and others. that does it for us. "cnn newsroom" continues. >>> blackmail, sex, scandal. allegations involving the catholic church swirl as the pope gets ready to leave. i'm brooke baldwin. the news is now. >>> fresh off maternity leave, yahoo!'s new ceo tells employees work from the office or quit. we'll discuss. >>> plus, nascar back in the spotlight, as danica patrick sizzles and 50 cent strikes a chord about race in racing. >>> and never a dull moment when piers morgan schmoozes with celeb. >> give me a big loser face. >> piers will join me live on seth macfarlane, the oscar parties, and what surprised him the most. >>> hi, everyone. i'm brooke baldwin. good to be back in the chair. good to see you on this monday. let's begin with the vatican. the vatican is in damage control. accusations of sex, money, and cover-ups at the highest level of the church, just three days before pope benedict xvi steps down. two italian papers say the reason he's leaving has nothing to do with his health and much more so to do with his explosive 300 page repo
. we're here today to learn more about what we can do. >> reporter: disasters teach us lessons. and there's plenty to learn in disaster-prone japan. events like this one, more people are learning how they can prepare themselves for the worst. iku tanaka, nhk world, okahama. >>> many tourists head to the northern japanese island of hokkaido. some go to see what's been described as a world of whiteness. nhk world's rino nakana has a look of one of the world's spectacles. >> reporter: we are back outside for another cold day. 9 degrees below zero. that's the temperature here. you won't hear any waves crashing here. everything you see behind me is ice. it's called drift ice, they are pieces of ice drifting on the surface of the water. you might be wondering what is so special about pieces of ice floating around. well, in huge quantities, it's actually quite a spectacle. so much so that every january to february many tourists book drift ice boat tours and cruises just to get a glimpse of the site. now, drift ice comes from up to 1,000 kilometers away from the amura river in russia.
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